DOT/USDT – 1H – SELLThe combination Polkadot/Tether (DOT/USDT) goes from the bullish trendline downwards
A bearish descent downwards to the next support line at 4.314000000 is certain.
Caution: A possible trend reversal in the direction of the resistance level at 5.216000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is certain. Target of the current trend is 4.908 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support line at 5.216000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 5.839000000 |
| 2nd High | 5.429000000 |
| Next High | 5.216000000 |
| Current Price | 4.775000000 |
| Next Low | 4.314000000 |
| 2nd Low | 4.239000000 |
| 3rd Low | 4.045000000 |